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The World from Berlin: 'High Inflation Causes Societies to Disintegrate'

Friday, 11 May 2012

The World from Berlin: 'High Inflation Causes Societies to Disintegrate'A comment by a top Bundesbank official that Germany may be prepared to tolerate slightly higher inflation has caused alarm in the country, where many still fear 1920s-style hyperinflation. While some German commentators stoke the flames of the debate, others say there is no need to panic.
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